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Report: Corruption Cheats Developing Countries of Needed Money

The developing world needs huge sums of money to address its many problems with health, housing, education, and more. A new report says corrupt practices by multinational companies, their government enablers, and others, however, are depriving people of a better life. A financial watchdog group, Washington-based Global Financial Integrity [GFI], reports astounding sums of money are extracted every year from African, Asian, and Latin American nations. GFI’s new report says that in 2011,...

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